Invesco Municipal Stock Forecast - Downside Variance
| VMO Stock | USD 9.92 0.07 0.71% |
Invesco Stock Forecast is based on your current time horizon. Although Invesco Municipal's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Invesco Municipal's systematic risk associated with finding meaningful patterns of Invesco Municipal fundamentals over time.
Invesco |
| Check Invesco Municipal Volatility | Backtest Invesco Municipal | Information Ratio |
Invesco Municipal Trading Date Momentum
| On November 25 2024 Invesco Municipal Opportunity was traded for 9.92 at the closing time. Highest Invesco Municipal's price during the trading hours was 9.94 and the lowest price during the day was 9.90 . The net volume was 286.9 K. The overall trading history on the 25th of November did not cause price change. The trading delta at closing time to current price is 0.00% . |
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Other Forecasting Options for Invesco Municipal
For every potential investor in Invesco, whether a beginner or expert, Invesco Municipal's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Invesco Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Invesco. Basic forecasting techniques help filter out the noise by identifying Invesco Municipal's price trends.Invesco Municipal Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Invesco Municipal stock to make a market-neutral strategy. Peer analysis of Invesco Municipal could also be used in its relative valuation, which is a method of valuing Invesco Municipal by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Invesco Municipal Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Invesco Municipal's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Invesco Municipal's current price.| Cycle Indicators | ||
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| Momentum Indicators | ||
| Overlap Studies | ||
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| Volume Indicators |
Invesco Municipal Market Strength Events
Market strength indicators help investors to evaluate how Invesco Municipal stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Invesco Municipal shares will generate the highest return on investment. By undertsting and applying Invesco Municipal stock market strength indicators, traders can identify Invesco Municipal Opportunity entry and exit signals to maximize returns.
Invesco Municipal Risk Indicators
The analysis of Invesco Municipal's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Invesco Municipal's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting invesco stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 0.3816 | |||
| Semi Deviation | 0.5067 | |||
| Standard Deviation | 0.5051 | |||
| Variance | 0.2551 | |||
| Downside Variance | 0.3286 | |||
| Semi Variance | 0.2568 | |||
| Expected Short fall | (0.39) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Pair Trading with Invesco Municipal
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Invesco Municipal position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Invesco Municipal will appreciate offsetting losses from the drop in the long position's value.Moving against Invesco Stock
| 0.67 | LC | LendingClub Corp | PairCorr |
| 0.51 | GS | Goldman Sachs Group Fiscal Year End 21st of January 2025 | PairCorr |
| 0.51 | MS | Morgan Stanley Fiscal Year End 21st of January 2025 | PairCorr |
| 0.49 | AB | AllianceBernstein | PairCorr |
| 0.38 | CG | Carlyle Group | PairCorr |
The ability to find closely correlated positions to Invesco Municipal could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Invesco Municipal when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Invesco Municipal - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Invesco Municipal Opportunity to buy it.
The correlation of Invesco Municipal is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Invesco Municipal moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Invesco Municipal moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Invesco Municipal can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Historical Fundamental Analysis of Invesco Municipal to cross-verify your projections. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Invesco Municipal. If investors know Invesco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Invesco Municipal listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.781 | Dividend Share 0.511 | Earnings Share 0.97 | Revenue Per Share 0.801 | Quarterly Revenue Growth (0.01) |
The market value of Invesco Municipal is measured differently than its book value, which is the value of Invesco that is recorded on the company's balance sheet. Investors also form their own opinion of Invesco Municipal's value that differs from its market value or its book value, called intrinsic value, which is Invesco Municipal's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Invesco Municipal's market value can be influenced by many factors that don't directly affect Invesco Municipal's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Invesco Municipal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco Municipal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco Municipal's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.